Bookmarking Crypto Insights
Auto Added by WPeMatico
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits: uncensorability. Latam Insights Encore: Venezuelan Situation Shows Bitcoin’s Utility … Read more
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus 8% due … Read more
BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in … Read more
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful in identifying over $180 million in funds involved in the illicit usage of cryptocurrency. Brazilian Tax Watchdog … Read more
Velo Protocol is a layer 1 blockchain network designed to facilitate seamless digital credit transfers between businesses and individuals. By enabling efficient transactions, Velo is positioning itself at the forefront of next-generation DeFi applications. The recent performance of $VELO has been impressive, with the token seeing a 35% increase over the past week alone. Since … Read more
In recent market activity, the behavior of smart money (SM) and whales has shown a notable trend of accumulating $AAVE. From August 28 to September 1, smart money continued to increase its $AAVE holdings, with buying pressure outweighing selling. However, over the past four days, there has been a gradual shift, as SM started to … Read more
$MOG has surged to the top position in the Accumulated by Smart Money over the past 24 hours. Both Smart Dex Traders (SDT) and Smart Money (SM) have been increasingly active in buying $MOG, with SM notably ramping up its buying activity since August 30. https://twitter.com/iCryptoAI/status/1831889604687097893?t=BluWBQen17StHjJnQjC4oQ&s=19 A few prominent traders and analysts are also accumulating … Read more
In late August, $FET experienced a notable surge in buying volume, primarily driven by two key groups: Smart Money (SM) and Whales. This spike in activity led to a brief price increase of over 10%, though the price has since corrected back down. Meanwhile, @HMsheikh4, CEO of $FET (FetchAI) and chairman of the ASI Alliance, … Read more
An early MKR holder, identified by wallet address “0x07a,” has sold 251.53 MKR tokens for 172.461 ETH, valued at around $408K, at a price of $1,624 per token. This long-time investor originally accumulated 451.529 MKR tokens during the token’s early days, between January 20 and March 2, 2017, when the price was a mere $23. … Read more
Recent data from IntoTheBlock reveals that a staggering 86% of Toncoin (TON) holders are currently at a loss, with only 9% in profit at the current price of $4.63. Another 5% of holders are breaking even, highlighting the tough market conditions many investors are enduring. The report also sheds light on the holding patterns of … Read more